Shrinking Gasoline and Diesel Supplies Lifts Crude Oil Prices

Written on 09/30/2026
Rich Asplund

November WTI crude oil (CLX26 ) closed up +1.04 (+1.16%) on Wednesday, and November RBOB gasoline (RBX26 ) closed up +0.1282 (+4.09%). Crude oil and gasoline prices rallied sharply on Wednesday after Russia extended its diesel export ban, further tightening the global market. Also, attacks on vessels transiting the Strait...A fuel pump by IADE-Michoko via Pixabay
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